Global Economic Times

2026.06.07 (Sun)
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L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that its wholly-owned subsidiary, L&F Plus, has been selected as the fi
Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducing their lineups by 20% to 50%. This sweeping reorganization comes clos

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns

A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of single-stock leverage exchange-traded funds (ETFs) tied to the nation'

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Why Economic Growth Doesn't Always Reach Everyone's Pockets: Former Minister of Finance, Manuel Ferreira, explained why economic growth indicators often feel disconnected from the reality of ...; Ana Fernanda Reporter 2025.08.22

Paraguay’s Development Finance Agency (AFD) Drives Economic Growth Through Housing Loans: ASUNCIÓN, PARAGUAY — According to a recent report by the Development Finance Agency (AFD) of Paraguay, a total of $19 ...; Pedro Espinola Special Correspondent 2025.08.22

Despite Tariff Windfall, U.S. Federal Deficit Widens by $109 Billion: WASHINGTON—The U.S. federal government's budget deficit has expanded by $109 billion this fiscal year, even as a surge in ta ...; Desk 2025.08.11

South Korea's "Pocketbook Squeeze": Food and Public Transport Costs Surge, Burdening Households: SEOUL—In a troubling sign for household finances, South Korea is experiencing a sharp rise in the cost of essential goods an ...; Hwang Sujin Reporter 2025.08.11

Buenos Aires Inflation Rises to 2.5% in July 2025, with a Cumulative Annual Rate of 18.1%: According to data released by the Buenos Aires City Statistics Office, the consumer price index (CPI) in Buenos Aires rose by 2.5% ...; Desk 2025.08.08

Paraguay's Financial Market in June 2025: A Balancing Act of Liquidity and Growth: In June 2025, the Paraguayan financial system demonstrated its vitality by maintaining robust growth. According to the latest fina ...; Yim Kwangsoo Correspondent 2025.08.06

Argentina, Panama, and Paraguay Drive Growth, Mexico at the Bottom... Cepal Releases 2025 Economic Outlook: The United Nations Economic Commission for Latin America and the Caribbean (Cepal) has released its forecast for regional economic ...; KO YONG-CHUL Reporter 2025.08.06

Philippines' Central Bank Likely to Accelerate Rate Cuts as Inflation Stabilizes: MANILA – The Bangko Sentral ng Pilipinas (BSP) is set to continue its monetary policy easing, forecasting that this year's i ...; Global Economic Times Reporter 2025.08.05

Fuel Prices to Rise by Up to P1.90 Per Liter: MANILA — Another round of fuel price hikes is set to hit consumers, adding to the financial burden of ordinary citizens. Sta ...; Global Economic Times Reporter 2025.08.05

Eurozone Inflation Stabilizes at 2%, Giving ECB a Breather but Euro's Weakness a 'Worry': Eurozone inflation remained stable at 2% in July, a development that is seen as easing the European Central Bank's (ECB) monetary ...; Desk 2025.08.05

Corporate Tax, Securities Transaction Tax, Stock Transfer Tax: A 'Triple Tax Hike' to Secure 35.6 Trillion Won in Tax Revenue Over 5 Years: The government is set to implement a so-called "triple tax hike" on corporate tax, securities transaction tax, and stock transfer ...; Hwang Sujin Reporter 2025.08.01

Novo Nordisk Shares Plummet as Competition Heats Up in Obesity Drug Market: Copenhagen, Denmark – Shares of Danish pharmaceutical giant Novo Nordisk, widely known for its blockbuster obesity drug Wego ...; Graciela Maria Reporter 2025.07.30

This Year's High of 23,943 Points, When Will It Be Surpassed? Experts Say, "Short-term Rally to Continue, But 23,486 Points Must Be Overcome First": The Taiwan stock market has risen for five consecutive weeks, settling above 23,000 points. While investors are anticipating the m ...; Desk 2025.07.27

SK Hynix Achieves Record-Breaking Performance Driven by HBM, Surpassing Samsung Electronics Twofold in 'Earning Surprise': ICHEN, SOUTH KOREA – SK Hynix, a leader in the High Bandwidth Memory (HBM) market, has made significant waves in the semicon ...; Hwang Sujin Reporter 2025.07.24

Foreigners Bet 6.3 Trillion Won on KOSPI… Nomura Also Shouts "4000": Foreign investors' relentless net buying spree on KOSPI is driving the index to new year highs. Foreign investment banks are raisi ...; Desk 2025.07.24

First Round of Livelihood Recovery Consumer Coupons Begins Issuance; Applications Start July 21: The Ministry of Interior and Safety will begin accepting applications for the first round of Livelihood Recovery Consumer Coupons ...; Global Economic Times Reporter 2025.07.20

Dollar Exchange Rate Continues to Decline, Reaches Weekly Low: ASUNCIÓN, July 16, 2025 – The exchange rate of the Paraguayan Guaraní against the U.S. dollar has continued it ...; Graciela Maria Reporter 2025.07.16

Paraguay Consumer Confidence Index Falls Back into 'Pessimistic' Territory: ASUNCION, Paraguay – Paraguay's Consumer Confidence Index (ICC) dropped to 47.67 in June, falling both monthly and annually, ...; Global Economic Times Reporter 2025.07.16

Overseas Securities Trading Volume Slightly Down in H1 2025, but Holdings Soar: During the first half of this year, Korean investors' overseas securities trading volume slightly decreased compared to the second ...; Eugenio Rodolfo Sanabria Reporter 2025.07.14

Lee Jae-myung, President of South Korea, stated, "Consumption coupons will bring warmth to alleyway commercial areas," promoting public participation in dining out and focusing on people's livelihoods.: On July 12, 2025, President Lee Jae-myung strongly urged the public to dine out to stimulate the stagnant domestic economy, expres ...; Hwang Sujin Reporter 2025.07.12